STOCK TITAN

AppFolio (NASDAQ: APPF) insider Form 3 shows 1,559 Class A shares in Roth IRA

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

APPFOLIO INC filed an initial insider ownership report showing a direct holding of Class A Common Stock. The filing lists 1,559 shares of Class A Common Stock held in a Roth IRA, indicating the reporting person’s starting ownership position, with no reported purchases, sales, or option exercises.

Positive

  • None.

Negative

  • None.
Insider APPFOLIO INC
Role Director
Type Security Shares Price Value
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 1,559 shares (Direct)
Footnotes (1)
  1. [object Object]
Class A shares held 1,559 shares Directly held in a Roth IRA as reported on Form 3
Form 3 regulatory
"filed an initial insider ownership report"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Class A Common Stock financial
"1,559 shares of Class A Common Stock held in a Roth IRA"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Roth IRA financial
"The Reporting Person holds 1,559 shares of Class A Common Stock in a Roth IRA."
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
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FAQ

What does APPFOLIO INC (APPF) report in this Form 3 filing?

APPFOLIO INC reports an initial ownership position of Class A Common Stock. The filing shows 1,559 shares held in a Roth IRA, establishing the reporting person’s baseline holdings without indicating any recent purchase, sale, or derivative exercise activity.

How many APPFOLIO INC (APPF) shares are reported in the Roth IRA?

The Form 3 states that 1,559 shares of APPFOLIO INC Class A Common Stock are held in a Roth IRA. This number reflects the reporting person’s declared direct holdings for regulatory disclosure, rather than a newly executed transaction in the market.

Does this APPFOLIO INC (APPF) Form 3 show any insider buying or selling?

The filing does not report any insider buying or selling activity. It functions as an initial ownership statement, listing 1,559 Class A Common Stock shares in a Roth IRA, rather than documenting open-market transactions or option exercises by the reporting person.

What type of security is disclosed in APPFOLIO INC’s (APPF) Form 3?

The Form 3 discloses holdings of Class A Common Stock for APPFOLIO INC. It specifies that 1,559 shares are owned, held within a Roth IRA, providing transparency about the reporting person’s equity stake at the time of this initial ownership report.

Is the APPFOLIO INC (APPF) ownership in this Form 3 direct or indirect?

The Form 3 indicates direct ownership of the shares. It describes 1,559 shares of Class A Common Stock held in a Roth IRA, classifying the position as directly owned rather than through a separate entity or indirect ownership structure.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
APPFOLIO INC

(Last)(First)(Middle)
70 CASTILIAN DR

(Street)
SANTA BARBARA CALIFORNIA 93117

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/29/2026
3. Issuer Name and Ticker or Trading Symbol
APPFOLIO INC [ APPF ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock1,559(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Reporting Person holds 1,559 shares of Class A Common Stock in a Roth IRA.
Remarks:
This initial holding statement has been made for Michael MiQi Yang using the Issuer's CIK codes to satisfy Form 3 filing requirements for newly appointed Company Directors. An amendment will be filed for Mr. Yang upon receipt of his CIK filer codes from the SEC.
/s/ Evan Pickering as Attorney-in-Fact for Michael MiQi Yang07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)